Post
Topic
Board Securities
Re: ActiveMining Overview and Speculation Thread
by
joele
on 27/07/2013, 02:45:55 UTC
Large discrepancy between BTC-TC and Bitfunder. Too bad I'm on Bitfunder  Cry

Yeah, how come nobody is taking advantage of arbitrage on this discrepancy?
Like, sell 500 @ 0.005600 on BTCT = 2.8 btc
Transfer your bitcoin to bitfunder, then buy 500 @ 0.004790 = 2.395

You have the same shares, but gain instant 0.405 btc profit, that is 156 weeks of dividend based on last div.

Because getting your coin through weexchange and into bitfunder can take ages, because they require 6 confirmations. By that time the price could have changed and then you have lost money

6 confirmations is an hour only.
Yeah, price could have changed, it can also get lower then you profit more.